Dubai is stepping up its infrastructure game with a massive AED 6 billion ($1.6 billion) investment in road upgrades across 15 key communities. The newly signed agreement between the Roads and Transport Authority (RTA) and Dubai Holding is set to revolutionize city commutes, reduce congestion, and boost property values. If you live, invest, or commute […]
Renewing a rental lease in Dubai can often be a stressful and time-consuming process for both landlords and tenants. From negotiating terms to ensuring timely documentation, a simple renewal can quickly turn into a hassle—especially when the property is not under full management. At Prop Shop Global Real Estate, we offer a specialized Lease Renewal […]
Dubai’s real estate sector is always evolving, and the latest innovation in off-plan financing is set to make property investment even more accessible. In a groundbreaking move, master developer DAMAC has partnered with Abu Dhabi Islamic Bank (ADIB) to offer mortgage financing once a project reaches just 35% completion—a significant improvement from the standard 50% […]
Dubai’s real estate market continues to break records, with 2024 witnessing an impressive 169,000 property transactions—an astounding 42% increase from the previous year. Property prices have steadily climbed, registering a 16.5% year-on-year growth and reaching an average price per square foot of AED 1,493 ($407) by December. Among Dubai’s top-performing communities, Al Furjan has emerged […]
Dubai’s real estate market has hit a historic milestone, surpassing AED100 billion ($27.2 billion) in property sales faster than ever before. By March 4, 2024, real estate transactions reached this record-breaking figure, well ahead of last year’s benchmark on April 11. The first two months of 2024 alone saw AED94.8 billion ($25.8 billion) in sales […]
What This Means for Property Buyers Previously, some buyers could roll Dubai Land Department (DLD) and agency fees into their mortgage, reducing their upfront costs. However, a new directive changes this. Now, buyers must budget separately for these expenses in addition to their down payment. For instance, on a property priced at AED 2 million, […]
Dubai has consistently ranked among the world’s top real estate investment hotspots, and 2025 is shaping up to be another game-changing year for investors. With a thriving economy, zero-tax policies, cutting-edge technology, and a growing cryptocurrency market, Dubai stands out as the ultimate city for property investment. Here’s why Dubai continues to attract savvy investors […]
Real estate isn’t just about numbers—price per square foot, transaction volumes, and ROI projections. At its heart, it’s about people. Whether investors, brokers, or end users, people don’t just buy properties; they invest in trust. Dubai’s property market is one of the most dynamic in the world, where visionary developments and strategic investments create immense […]
In Dubai’s ever-evolving real estate market, compliance with tax regulations is a fundamental responsibility for both buyers and sellers. One critical aspect of property transactions is the payment of the 5% Value Added Tax (VAT), as mandated by the Federal Tax Authority (FTA). At Prop Shop Global Real Estate, we specialize in guiding clients […]
1. Choose a Reliable Real Estate Agency Finding a trustworthy and RERA-registered real estate agency is the first and most important step in securing a rental in Dubai. A reputable agency will help you navigate the process smoothly, protect your interests, and ensure you avoid fraudulent listings. Propshop Global Real Estate is a well-established […]
